Woodridge Capital Portfolio Management, LLC (Ridgeland)

Name: Woodridge Capital Portfolio Management, LLC
Address: 800 Woodlands Pky, Ridgeland, MS, 39157
Telephone: 601-957-6006

Woodridge Capital Portfolio Management, LLC is a large advisory firm based in Ridgeland. It manages $144.38 million of regulatory assets for 358 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Florida, Louisiana, and 3 other states.

Woodridge Capital Portfolio Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Woodridge Capital Portfolio Management: assets under management

The assets under management (AUM) of Woodridge Capital Portfolio Management, LLC is $144.38 million. The firm's AUM has grown by 235% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $135.14 million in discretionary accounts and $9.25 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $380.67 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.08 million.

Investments

The firm invests in exchange traded securities the most. They account for 69% of the total AUM. The second-largest asset type is state and local bonds, which make up 11% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Woodridge Capital Portfolio Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Woodridge Capital Portfolio Management serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Woodridge Capital Portfolio Management is high net worth individuals with 142 clients and $94.31 million of assets under management. Among the 13 most similar advisory firms, Woodridge Capital Portfolio Management has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $141.69 million for 357 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Woodridge Capital Portfolio Management doesn't advise any private funds.

Careers at Woodridge Capital Portfolio Management, LLC

The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Barry Carl Smith	Partner/chief compliance officer	1 Dec 1998	25% - 50%	861681
William Clark Smith	Partner	1 Jul 2006	25% - 50%	2108204
Danny Collins Williams	Partner	1 Jul 2006	25% - 50%	2463761
Roger Clayton Davis	Partner	1 Jul 2006	25% - 50%	2320335

Based in Ridgeland

The principal office where Woodridge Capital Portfolio Management, LLC performs its advisory services is located at 800 Woodlands Pky, Ridgeland, MS 39157, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 601-957-6006 or by fax 601-957-6986. The normal business hours are 8:00-4:30pm on Monday - Friday. You can find more information about the New York firm at woodridge-capital.com.